I don't understand. Does this mean that ETFs for other tokens will also be launched?
Bloomberg analyst: Hashdex's BTC and ETH dual ETF application can add other cryptocurrencies
Bloomberg Industry Research ETF analyst James Seyffart said that Hashdex's application for a BTC and ETH dual ETF is "very meaningful". If the US SEC decides to approve it, the terms contained in the application will also allow Hashdex to add other cryptocurrencies to the fund in the future, which will turn the fund into a crypto index.
Hashdex already has a DeFi index fund, a Web3 index fund, and a metaverse index fund, each of which contains at least a dozen cryptocurrencies. According to relevant procedures, the SEC must respond to the dual fund application by March 2025. (DL News)
